The Anderson Buffet offers an all-you-can-eat buffet meal for $31 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the restaurant are $145,200 per month when the restaurant serves meals up to 13,700 guests in that month. If the restaurant were to serve more than 13,700 guests in any given month, it would need hire two additional servers and two additional kitchen staff for an additional fixed cost of $24,000 per month. The variable cost of food is $13 per guest. Read the requirements. Requirement 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 13,700 guests per month? y= X+ Requirement 2a. If the restaurant were to serve 13,200 guests in May, what would be the estimated total cost (Use the cost equation from Requirement 1.) If the restaurant were to serve 13,200 guests in May, the estimated total cost would be Requirement 2b. If the restaurant were to serve 13,200 guests in May, what would be the average cost per guest? If the restaurant were to serve 13,200 guests in May, the average cost per guest would be Requirement 3a. If the restaurant were to serve 11,500 guests in June, what would be the estimated total cost using the cost equation from Requirement 1? If the restaurant were to serve 11,500 guests in June, the estimated total cost using the cost equation from Requirement 1 would be Requirement 3b. If the restaurant were to serve 11,500 guests in June, what would be the estimated total cost using the average per guest cost from Requirement 2b? If the restaurant were to serve 11,500 guests in June, the estimated total cost using the average cost per guest from Requirement 2b would be Requirement 3c. Why is there a difference in the two cost estimates? There is a difference in the two cost estimates because the average cost per guest as volume decreases, while the variable cost per unit unit as volume changes, due to the of the buffet's costs. The fixed cost per

The Anderson Butht offers an al-you-can-est buflot meal for $31 per person. The restaurant employs len salaried employees. Rent for the building, employee salaries, and other fixed costs for the hive wwo additional servers and two additional kitchen staff for an additional fred cost of $24,000 per month. The variablo cost of food is $13 per guest? Read the requirements Requirement 1. What is the restsurants cost equation for estimating costs it the namber of guevts to be served is up to 13,700 guests per month? Requirement 2a. If the restaurant were to sevve 13,200 guests in May, what would be the estmated total cost (Use the cost equabon from Requirement 1 ) If the restaurant were to serve 13,200 guests in May, the estmated total coat would be Requirement 2b. If the restaurant were to serve 13,200 guests in Mry, what would be the average cost per guest? If the restaurart were to serve 13.200 gueks in May, the average cost per guest would be Requirement 3a. If the revtaurant were to serve 11,500 guests in June, what would be the estimated total cost using the cost equation from Requirement 1 ? If the reateurant were to serve 11,500 guests in June, the evimaled total cost using the cost equation from Requirement 1 would be Requirement 3b. If the restaurant were to serve 11,500 guents in June, what would be the estimuled tolal cout using the anerage per guent cost fom Requirement 20 ? If the restaurant were to serve 11,500 guests in June, the esfimated lotal cout uting the average cost per puest from Requirement 2b would be Requirement 3e. Why is there a diflerence in the two obst estimates? There is e difference in the two cost estimates because the average cout per gust as velume changes, die to the of the buffers coas. The freed cout per un as volume decresses, while the vansble cont per unit If the ressurans were to serve 13,200 guests in May, the average cost per guest would be Requirement 3a. If the restaurant were to serve 11,500 guests in June, what would be the esfimated total cost using the cost equation from Requirement 1 ? If the restaurark were to serve 11,500 guests in June, the estimaled fotal cost using the cost equation from Requirement 1 would be It the restaurant were to serve 11,500 guests in June, the estimated towal cost using the average cost per guest trom Fiequirement 20 would be Requirement 3c. Why is there a diffecence in the two cost estimates? There is a difference in the two cost estirnates because the average cost per guest as volume changes, due to the of the bullets costs. The fired cost per unit as volume decreases, while the variable cost per unit Requirement 4. What is the restaurant's cost equation for estimating costs if the number of guests to be served is more than 13,700 guests per month? Requirement 5. If the restaurant were to serve 15,100 guests in July, what would be the estimated total cost? (Use the cost equation from Requirement 4) would be